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Monday, August 10, 2026
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PV insurance in the spotlight as India-Pakistan tensions simmer
May 13 2025
Despite new truce, an escalation could test wider market assumptions about conflict containment, pricing, and capacity.
IHC, BlackRock launch US$1bn AI-powered reinsurance venture headquartered in Abu Dhabi
May 12 2025
Platform has strategic ambitions focused on Middle East and Asia with plans to use AI for faster risk assessment.
Underwriting volatility prompts outlook revision to negative for Korea P&I Club: AM Best
May 12 2025
The Club reported a KRW 7.3bn (US$5.14m) loss alongside a combined ratio of 204% last year.
Lloyd's syndicates launch policies to cover AI errors and underperformance: Report
May 12 2025
Armilla-developed product covers third-party claims arising from underperforming AI tools, including chatbots.
AXA XL grows Australia claims team with new specialist appointments
May 12 2025
Tylie Petrovski joins in Brisbane, while Ilija Bogoevski and Rebecca Williams take on new roles in Sydney.
Marine insurers consider 15-25% AWRP increase due to India, Pakistan tensions: S&P
May 12 2025
Recent escalation has also prompted a surge in war risk inquiries.
GlobalData cuts marine, aviation, and transit insurance growth forecast amid US tariff impact
May 10 2025
Insurers face increased risks and costs as US tariffs reshape the global MAT insurance landscape.
Cyber reinsurance market reaches inflection point as losses grow: Howden Re
May 9 2025
With more losses flowing through the system, the cyber reinsurance market is under pressure to scale capacity.
IFFCO-Tokio enters India’s surety bond market amid infrastructure push: Report
May 8 2025
Move comes as a regulatory task force aims to address adoption challenges in India's surety bond market.
Patrick Tiernan named next CEO of Lloyd's
May 8 2025
Tiernan joined Lloyd's in 2021 and has been serving as Chief of Markets.
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